Block Surpasses $200 Billion in Loans Across its Credit Products

MT Newswires Live
01/20

Block (XYZ) said Tuesday that it has provided access to more than $200 billion to customers through its portfolio of credit products, including Cash App Borrow, Afterpay, and Square Loans.

The fintech company said it has maintained stable loss rates across all of its lending products since 2013.

Block said it uses near real-time behavioral data instead of delayed credit bureau reports to vet applicants.

Shares of the company were down 2.4% in recent premarket activity.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10